Karur Vysya Bank was started in the years 1916. The bank has a lot of innovative products to offer to their customers. Mortgage loan is one such product to cater to the personal and business needs.
Karur Vysya Bank Mortgage loan is provided to the bank's customers in the form of Term loan and as an overdraft facility. People in India first try to safeguard their financial future by buying a property first so that they know whatever happens, they have a property that can possibly bail them out at the time of need. Having a property also allows a person to take mortgage against the property and make the most of the idle property.
Karur Vysya Bank offers a mortgage loan to cater to the growing needs of a person’s personal or business needs.
Individuals who wish to obtain a Karur Vysya Bank Mortgage Loan need to satisfy the following criteria:
Note: The criteria is subject to change at the sole discretion of Karur Vysya Bank.
A borrower is required to furnish the following documents before availing a loan:
Some of the salient features and benefits of Karur Vysya Bank Mortgage loan are:
Karur Vysya Bank charges an attractive interest on their mortgage loan. The bank ensures that repaying the loan doesn’t become an additional financial burden on the borrower. The interest rate offered is:
Note - Interest rates charged by Karur Vysya Bank are at their sole discretion and are subject to change without prior intimation.
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